Which of the following would not be required under not-for-profit incorporation laws?

A. Establishment of by-laws.
B. Application for 501(c)(3) status.
C. A clearly stated purpose for the organization.
D. Appointment of a board of directors.


Answer: B

Business

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The case that involved two ships both of which were named "Peerless" is:

A) Fisher v. Bell. B) Konic International Corp. v. Spokane Computer Services, Inc. C) Lucy v. Zehmer. D) Wilson v. Western National Life Insurance Co. E) Raffles v. Wichelhaus.

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The objective of the product decision is to develop and implement a product strategy that meets the demands of the marketplace with a competitive advantage

Indicate whether the statement is true or false

Business

Organizations can be viewed at three levels. At the individual job level, work systems should:

a. facilitate the micromanagement of employees. b. offer flexibility in managing work processes. c. promote primarily cooperation and cross-functional teamwork. d. replace individual initiative with group collaboration.

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Identifying the strategic issues that company managers need to address

involves using the results of both industry and competitive analysis and evaluations of the company's internal situation using the VRIN tests. is facilitated by analysis of the company's cost structure and customer value proposition relative to its rivals. sets the agenda for deciding what actions to take next to improve the company's performance and business outlook. entails locking in on what challenges the company has to overcome in order to be financially and competitively successful in the years ahead. All of these choices are correct.

Business